TimeClock Plus Strengths, Domain Expertise, and Key Differentiators
TimeClock Plus (TCP) develops time and attendance solutions for employee labor tracking, providing solutions that range from Enterprise-class organizations with tens of thousands of employees to mid-sized businesses, all the way down to small businesses with only 5 or 10 employees. TimeClock Plus (TCP) focuses on time and attendance products for the Oracle applications ecosystem.
TimeClock Plus Recent Developments
In February 2021, TimeClock Plus (TCP) launched Demand-Driven Scheduling, a robust scheduling product built by Humanity, TCP’s industry-leading cloud-based employee scheduling platform. Demand-Driven Scheduling allows companies to integrate vital business drivers within the scheduling process, always ensuring optimized, data-driven staffing by transforming customers’ KPIs and other key business data into staffing rules that are used to create schedules. This ensures schedules are in line with actual business needs and can shift with demand fluctuations.
In September 2019, TimeClock Plus (TCP) gained a majority investment from funds advised by Providence Equity Partners (""Providence""). TimeClock Plus Founder Jorge Ellis will remain a significant shareholder alongside Providence and will continue to serve on the Company's Board of Directors. TimeClock Plus will maintain its corporate office in San Angelo, Texas upon closing the transaction. TimeClock Plus Founder Jorge Ellis will remain a significant shareholder alongside Providence and will continue to serve on the Company’s Board of Directors. TimeClock Plus will maintain its corporate office in San Angelo, Texas upon closing of the transaction.
TimeClock Plus Mergers and acquisitions (M&A) Activities
In December 2020, TimeClock Plus (TCP) acquired Humanity, an industry-leading cloud-based employee scheduling platform that enables its customers to easily and accurately create dynamic schedules for staff. The feature-rich, proven scheduling solution will be integrated into TCP’s cloud-based workforce management software suite.
In October 2021, TimeClock Plus (TCP) acquired Aladtec, online scheduling and workforce management system specifically developed for Public Safety departments including EMS, Fire, Law Enforcement, Healthcare, and Dispatch. The highly configurable scheduling solution will be both integrated into TCP’s cloud-based workforce management software suite and maintained as a standalone solution.
TimeClock Plus Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying TimeClock Plus applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of TimeClock Plus and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified TimeClock Plus v7, customers.
TimeClock Plus Overview
Ownership: - x
Number of Employees: 570
Functional Market: Absence and Leave Management, Workforce Scheduling, Time and Attendance, Compliance,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
TimeClock Plus Key Cloud and HCM Applications
TimeClock Plus v7,
TimeClock Plus HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2019 | 2020 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
TimeClock Plus Revenue Breakdown by Type:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
TimeClock Plus HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % | 2020 HCM Revenues, By Sub-Functional Markets, $M | |
TimeClock Plus HCM Applications Revenues By Verticals, $M:
TimeClock Plus Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2020 Total Revenues, $M | 2020 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
TimeClock Plus Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
TimeClock Plus Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified TimeClock Plus Customers
No. of TimeClock Plus Customers: 60000
No. of TimeClock Plus HCM Applications Customers: 60000
No. of TimeClock Plus Cloud HCM Customers: x
No. of TimeClock Plus Cloud HCM Subscribers: x
TimeClock Plus (TCP) protects payroll for over 60,000 customers globally while remaining true to the mission of developing great products that help people. TimeClock Plus scales to any size from small family-owned shops to large companies like NASA, Boeing, Harley Davidson, Ford Motor Company, Dial, and Sara Lee.
TimeClock Plus Market Opportunities, M&A and Geo Expansions
In July 2021, TimeClock Plus (TCP) unveiled that the first phase of integration between its TimeClock Plus solution and Humanity Scheduling is available. The offering combines the robust workforce management and time and attendance capabilities of TimeClock Plus with the flexible and intuitive employee scheduling experience offered by Humanity Scheduling.
In January 2020, TimeClock Plus (TCP) Appointed Eric Thurston as CEO. An accomplished software leader, enabling many of the world’s leading organizations to improve business performance with technology solutions.
TimeClock Plus (TCP) has achieved Oracle Validated Integration of TCP Direct with Oracle Time and Labor in Oracle E-Business Suite 12.2. With TCP Direct for Oracle Time and Labor, organizations can automate the collection of critical time and attendance information and integrate it with Oracle Time and Labor in Oracle E-Business Suite for processing.
In July 2016, TimeClock Plus (TCP), a Gold level member of Oracle PartnerNetwork (OPN) has achieved Oracle Validated Integration of TCP Direct with Oracle's PeopleSoft Time and Labor 9.2. This validation is a major milestone in the evolution of the TCP and Oracle relationship. The company continues to grow its presence in the Enterprise Resource Planning (ERP) space and with Oracle Validated Integration for PeopleSoft Time and Labor, the company is even better positioned to serve the needs of its enterprise customers.
TimeClock Plus Risks and Challenges
In October 2020, TimeClock Plus unveiled a new brand identity that represents the company’s rich 30-year history. As part of this new brand identity, TimeClock Plus will be known as TCP.
Penetrating Oracle's applications installed base will require multiple products for EBS, PeopleSoft, JD Edwards, and Fusion. A near-term uncertainty lies in Oracle's recent acquisition of NetSuite, which offers a different set of time and attendance from Ultimate Software.
TimeClock Plus Ecosystem, Partners, Resellers and SI
In September 2021, TimeClock Plus (TCP) partnered with PowerSchool, the leading provider of cloud-based software for K-12 education in North America, to bring its TimeClock Plus software solution to K-12 administrators, allowing them to automate time tracking and absence management.
TimeClock Plus (TCP) has achieved Oracle Validated Integration of TCP Direct with Oracle's PeopleSoft Time and Labor 9.2. This validation is a major milestone in the evolution of TCP and its relationship with Oracle.
The company continues to grow its presence in the Enterprise Resource Planning (ERP) space and with Oracle Validated Integration for PeopleSoft Time and Labor, the company is even better positioned to serve the needs of its enterprise customers. TimeClock Plus partners with ADP, AWS, Campus Management, Ellucian Ethos, Ellucian, Oracle Gold Partner, Zonar, and many others.
TimeClock Plus Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- TimeClock Plus Public Cloud and Infrastructure (IaaS)
- TimeClock Plus Platform (PaaS)
- TimeClock Plus Application Delivery
- TimeClock Plus Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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